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r 83-004677 f ADJUSTABLE RATE RIDER THIS ADJUSTABLE RATE RIDER is made this ..1i!.L. day of ........~!!P..t.!!!!'.I?!!t.............n.~.' 19:(!J..... ami is incorppllltedimo and shallbedeemed to amend and supplement the Mongage; Deed of Trust, or Deed 10 ~~Dcbt(the,..SecuritylnstrUment"} of the same date given by the undersiglled(the "BOrrower"} 1Osec:ure BOrrower's Adjustabl1l Rate Note to J:lOlllE..EUlERl\L.SW.INGS,.iilllD..UlIlN...llSSOC.I.1UJ.ON..iJE:.J;;BIl!l/O..,ISJ..;/UIIO ;..;............................................................................... (the "Lender"} of the same date (the "Note") androvering::the propcny described in the ~rity Instrument and located at: ..................300<<;.lli:entwood...5quax:e.....Grand...ls..laod.p..N2brJi\sk..............6.88D.l................................................. ("'-'Y~} n......-wn. provWona .......tor ~ In .....lntwwt....... It....m-.. r... iMr...... .... --"-'a -*If ,.,......... _be higMr, It the lnter8t'..... .. .UI. tho Borroww'a monthly PlJlMfttswJltbe '-'. ADDITIONAL CoVENANTS. In addition to the covenant and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: A. INTEREST RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial interest rate oi .....1l_25......, 't. Section 4 of the Note provides for changes in the intetl:Sl rate and the monthly payments, as follows: 4. INTEREST RA TE AND MONTHL Y FA YMENT CHAN(iES (A) CJauae DaleS The interest rate I will pay may change on the .........1;.;.\:........... day of ...................Qc.t.QPe.l:..,.....,... 19...B.4.. and on that day of the month evet)' ..........1.2............. month thereafter. Each date on which my interest rate could change is called a '.Cbange Oate.H The minirm...t..'Tl rate charged will be no less than 9~5% and the (8) The bMIex H1Sximuffi rate charged ,,-,ill tJe no more than 14.5%. Becinnina with the first Chance Da~. my interest rate will be based on an "Index." The Index is the weekly averap: yidtl on United States Treasury securities adjusted 10 a constant maturity of ...m...Q0.!i'............ yeatSl'as made available by the Federal Reserve Board. The most recent Index figure available as "f 45 days before each Cban&e Dare is called the "Currmt Index." If the lodex is no loncer available. the Note Holder will choose" new index which is based upon comparable information. The Note Holder will give me notice of its chOIce. (C) Cakelatloe of Owtaa ~ taw Change Date. tOe Nuu: Hilidt:f wi~ \:"iik1iiau; my n~' ~n;~~;t ta~c hy adem;; D.:~:~.~..9.r:.9..9.~~.m. ..9!:',~~,~.~r.......... . pen:entaae points (...}.:,?:>..........%) to the Current Index. The .um will bc my new interest rate,. l'"G"'Wnce-d r.c: the f")ea:'e:~t i./Bt. The Note Holder will then determine the amount of the monthly payment that would be sufficient to repay in full the principal I am expected to owe on the Challie Date In substantially equal payments by the maturity date at my new inteteSt rate. The le$Wt of tillS calculation w1l1 be the new amount of my monthly payment, (D) EI'eWYe Dale I)( Oluaes My new interest rale ""II herome elfective on each Chanee Date. I will pay the amount of my new monthly payment he&tnning on the first monthly payment date aner the Change Date until the amount of my monthly payment chances aeain. ( E) Netiee I)( CIl..... The Note Holder will miul or deliver to me a OOtlCC before each Chanee Date. The notice will advise me of: ( i ) the new 'nlem! rate on my loan as of the Chanee Date; (ij) the amounl of my monthly payment followina: lhe Change Dare; (iiij tily additional matters whidt the NOle Holder IS requm:d to disclose; and (ivl the titIc and telepbone number of a person who \Viii allSwer any question I may have regardIng the _. IL CHAaGIS; UENS Uniilfm Covenant 4 of the Security Insuument is amended to read as follows: 4. o.u.-. u-.. 8otroweT shall pay all tMeS. assessmenlS. and other charge$, fioes a.nd impositions attributable to tM Property. wbidl may aWlia a priority over tbis Security InstrUment, a.nd Ie_hold payments or ground renlS, if Ul)'..iaUlc _ provitI.e4 u.oder paragraph 2 bcreofor. if not paid in such manner. by Borrower malr.ina payment, .... dtie,diIe\:dy to the payee theIcof. IlorroweI'shalI promplly fllTllish to under all notiGes of amounts due under tbia ~and in. Ute e"l'etll Borrower shall make payment diRlClly. Borrower shall promptly furnish to Lender .... ~.SlIdl pay-. lIomlwcr shall promplly disdlarce any lien which lw priority over thit. Security l~~r. ~.haIl not be requited to disc:haree any _'h lien so long as Borrower. (a l .hall agree in .....10 the pal'fl*Jl of the ohliptiQa IIICUred by sudllicn in a manner acceptable to Lender; (b l shall ill toad ~. .... FOIa-ftItIIC UllfObUDMTA8t.t IAft lOAl-ullW\lllY lIIln)--1fI3